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Community Redevelopment Agency

Process and Schedule

Public/Private Partnership Project

Actions:

Community Redevelopment Agency (CRA) Advisory Board authorizes prospective developer(s) to submIT proposals for project.
City Staff and Special Legal Counsel, David E. Cardwell, meet with developer(s) to review Proposals. No negotiations.
City Staff determines if proposed project: (I) complies with zoning and land use requirements; (ii) complies with comprehensive plan;and (iii) furthers the redevelopment plan.
Developer(s) make presentation to the CRA Advisory Board. City Staff reports findings of initial review and any recommendations. CRA Advisory Board authorizes negotiations with developer(s). Developer(s) pays an initial fee of $5,000.00.
Draft term sheet or status report is presented to the CRA Advisory Board. If term sheet is approved by the CRA Advisory Board, then the CRA Advisory Board will authorize preparation and negotiation of development agreement. Developer pays a fee of $5,000.00 to proceed.
Development Agreement presented to the CRA Advisory Board. If approved, the agreement is forwarded to CRA Governing Board with recommendation for approval. (Developer may be subject to additional fees.)
CRA Governing Board considers development agreement.

For information about the Community Redevelopment Agency call:
Karin Murphy, Redevelopment Specialist at 941.954.4195 or e-mail at: karin_murphy@sarasotagov.com

Under Florida law, e-mail addresses are public records. If you do not want your e-mail address released in response to a public-records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing.